Average Rent in Sherwood Estates, Palm Bay-Melbourne-Titusville, FL and Rent Price Trends

Rent trends in Sherwood Estates, Palm Bay-Melbourne-Titusville, FL

Average rent prices in Sherwood Estates have increased by 21% over the last month.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Sherwood Estates, Palm Bay-Melbourne-Titusville, FL

Rent prices in Sherwood Estates vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Sherwood Estates is $1,125, whereas a house costs $1,737. 1-bedroom apartments in Sherwood Estates run $935 on average, while 2-bedroom apartments are $1,100.


Studio	$1,199	-	-
1 bedroom	$1,000	3%	-
2 bedroom	$1,250	-	-
3 bedroom	$2,050	21%	-
4 bedroom	$2,500	4%	-

		Listings
American Village	$1,500
China Ward Of Mims	$1,300
High Acres Estates	$1,800
La Cita	$1,300
Lake View Hills	$1,200
Royal Oak Golf Country Club	$1,225


Apartments	$1,125	3%	No Change
Condos	$1,400	-	-
Houses	$1,737	21%	No Change

Studio

Average rent

$1,199

1 bedroom

Average rent

$1,000

Last 30 days

2 bedroom

Average rent

$1,250

3 bedroom

Average rent

$2,050

Last 30 days

21%

4 bedroom

Average rent

$2,500

Last 30 days

The table above reflects average rent prices in Sherwood Estates, Palm Bay-Melbourne-Titusville, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Sherwood Estates, Palm Bay Melbourne Titusville, FL compare to other neighborhoods?

Compare median rent prices in Sherwood Estates and China Ward Of Mims by all bedroom counts and property types.

Sherwood Estates

Median rent price$1,400

27%

lower than the national median

Median rent price$1,300

32%

lower than the national median

Takeaway

The median rent for all rentals in Sherwood Estates, Palm Bay Melbourne Titusville, FL is 8% higher than the median rent in China Ward Of Mims, Mims, FL.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,300

$1,800

$1,500

$1,300

$1,200

Royal Oak Golf Country Club

$1,225

Last year

Discover rentals in Sherwood Estates, Palm Bay-Melbourne-Titusville, FL

3d ago

Sherwood Estates house for rent in Palm Bay-Melbourne-Titusville

4635 Longbow Dr, Palm Bay-Melbourne-Titusville, FL 32796

3 beds

2 baths

$2,495

House for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Sherwood Estates, Palm Bay-Melbourne-Titusville, FL

Quick answers to common questions about the Sherwood Estates rental market.

How much is rent in Sherwood Estates?

The average rent in Sherwood Estates is $1,400 per month as of August 22, 2026.

Is rent up or down in Sherwood Estates?

Average rent prices in Sherwood Estates have increased by 21% over the last month.

How does Sherwood Estates rent compare to the national average?

Rent in Sherwood Estates is 27% below the national average, which means renters are paying approximately $525 less per month.

What salary do I need to afford rent in Sherwood Estates?

To comfortably afford rent in Sherwood Estates, you'd need to earn approximately $56,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).